Finance Lease for long life assets

A finance lease is typically a full pay-out agreement, meaning that the sum of the rentals includes the full capital cost of the business equipment plus the interest accrued

What is a finance lease?

A finance lease is typically a full pay-out agreement; this means that the sum of the rentals includes the full capital cost of the equipment, plus the interest
accrued. Business equipment financing allows for the payments to be spread over the lease term, while also providing flexibility at the end of the contract.

At the end of the lease, you can either:

  • Hand the equipment back and upgrade to the latest technology
  • Extend the lease period for continued use of the current equipment
  • Ownership options may be available once the lease has been terminated, at the end of the minimum period

What assets are typically funded via a finance lease?

  • Multifunction printers
  • Desktop computers
  • Thin clients
  • Forklift trucks
  • Robotics
  • Dialysis machines
  • PET & CT scanners

Advantages of long-life equipment financing & assets

  • The most suitable solution for procuring long life, low tech assets
  • Allows for extended use of the equipment for a nominal sum
  • Gives the flexibility to upgrade the equipment during or at the end of the lease agreement
  • Enables you to to decide what you want to do with the equipment at the end of the lease. Therefore allowing you to control the upgrade cycle
  • Fixed payments - improve budgetary and planning certainty

Example Finance Lease

New equipment cost: £50,000
Term: 3 years
Rental profile: Quarterly
Rental: £4,750
Total Payable: £57,000

Download flexible finance models whitepaper

Financial Models Brochure Front Cover


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